Landlord growth plans hit the brakes
By Kerfuffle Editorial ·
Plans to grow property portfolios have cooled sharply, with more limited company landlords choosing to hold steady over the next year.
A landlord portfolio isn’t a viewing diary: sometimes the plan is to stop adding appointments and focus on what’s already booked.
Kensington Mortgages’ latest BTL Barometer found that the share of limited company landlords planning to expand fell from 38% to 11% in six months. Meanwhile, 77% expect to keep their portfolios as they are over the next year.
So, for your branch, make the most of the landlord relationships and properties already on your books. Less new-key excitement, perhaps, but there’s still plenty to keep the team busy.
Read the full story at Property Soup.